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When filling out the Adjusted Cost Basics for a home sales, and the home had been refinanced. Do I still use the original closing cost or the cost from the refinancing?
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When filling out the Adjusted Cost Basics for a home sales, and the home had been refinanced. Do I still use the original closing cost or the cost from the refinancing?
Begin with the original closing cost. The refinancing charges will not factor into the basis.
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When filling out the Adjusted Cost Basics for a home sales, and the home had been refinanced. Do I still use the original closing cost or the cost from the refinancing?
Begin with the original closing cost. The refinancing charges will not factor into the basis.
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